Recent months have yielded progress between County officials and Potomac Nationals owner Art Silber, as they discuss options for building the team a new stadium in Prince William County. Minor League Baseball (MiLB) mandated that the team must move to a new stadium by the end of the 2018 season, as Pfitzner Stadium, built in 1984, does not meet minimum league standards. Without County support, the team would likely move to North or South Carolina.
The Board of County Supervisors has written a non-binding letter of intent for a proposal that would make possible the construction of the $31 million, 4,600-seat stadium near Stonebridge at Potomac Town Center, with the County issuing $35 million in Industrial Development Authority bonds, which the Nationals would repay at $2.7 million over 30 years.
The team would also be responsible for the ground lease payment, $450,000 annually, owed to the property owner, JBG. VDOT recently announced it would fund the construction costs of the stadium parking garage, estimated at $21 million, which would double as a free commuter lot for area residents who slug, carpool, vanpool, etc.
Based on a preliminary assessment, the State of Virginia could be poised to fund a parking garage for a proposed Potomac Nationals ballpark near Stonebridge at Potomac Town Center in Woodbridge, Virginia. (more…)